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The Laissez-Faire System Relies on the Price Mechanism to Allocate

question 42

True/False

The laissez-faire system relies on the price mechanism to allocate resources.


Definitions:

Denomination

A recognized autonomous branch within a religion, differing in some aspects of doctrine and practice but sharing a common faith background.

Ecclesia

An organized, often state-supported church that claims a majority of a society's membership and has a formal role in the state apparatus.

Denominations

Are the various streams of belief and practice that some churches allow to coexist under their overarching authority.

Forms

Different shapes, types, or variations of something, highlighting its physical appearance or structure.

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